Petrobras says Brazil strike cut oil output 115,000 barrels/day

RIO DE JANEIRO Nov 9 (Reuters) - Brazil's state-run oil
company Petroleo Brasileiro SA said late Monday that
a weeklong strike is cutting its Brazilian oil output by about
115,000 barrels a day, or about 5.5 percent of output before the
labor action began on Nov. 1.

The company and Brazil's two main oil union federations met
on Monday without coming to an agreement over labor demands that
Petrobras restore cut investments and end plans to sell assets
to help pay its more than $130 billion in debt, the largest of
any oil company.
(Reporting by Jeb Blount; Editing by Jonathan Oatis)